Dairy products in plastic packaging line the cooler at a grocery store in New Orleans, Wednesday, April 17, 2024.
Current numbers aren't nearly as bleak, but the head of the nation's largest bank recently said he's "a little cautious." Dimon said a "soft landing" is still possible, meaning inflation could return to the Federal Reserve's target rate of 2% without the U.S. experiencing a recession. However, Dimon said he's "a little more worried that it may not be so soft and inflation may not quite go away people expect.”
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